08:57 AM EST, 02/25/2025 (MT Newswires) -- Thermo Fisher Scientific ( TMO ) said Tuesday that it has agreed to acquire Solventum's ( SOLV ) Purification & Filtration business for $4.1 billion in cash.

Thermo said the deal, which is set to be completed by the end of the year, is expected to be dilutive to adjusted EPS by $0.06.

In a separate statement, Solventum ( SOLV ) said it expects the deal to be neutral to EPS this year.